Qualification > Commerce
Accounting help ???
Dasith:
yea when u substract all liabilities from asssts wat u r left with is only the Capital + reserves :D
& u r welcome :D
ShiningStar:
--- Quote from: Dasith on June 05, 2011, 04:23:40 pm ---yea when u substract all liabilities from asssts wat u r left with is only the Capital + reserves :D
& u r welcome :D
--- End quote ---
But I've just checked the syllabus and found out that it said Capital Employed = Owner's Capital + long term liabilites
So in the limited companies instead of the Owner's Capital it is Capital+Reserves
Check it out
http://www.xtremepapers.me/CIE/Cambridge%20IGCSE/0452%20-%20Accounting/0452_y11_sy.pdf
and Can You Please tell from where did you get this New Definition Assets-Liabilites???
Thank Youu Again :)
Dasith:
http://www.google.com/url?sa=t&source=web&cd=1&ved=0CC8QFjAA&url=http%3A%2F%2Fen.wikipedia.org%2Fwiki%2FNet_assets&ei=raTrTdTMKIfIrQeF0NTeBQ&usg=AFQjCNHYI-JSmZOtJ7t9nmezu1Zr4Ih9EA&sig2=WZSmcZj-ODvUroE__RZpiw
from here
its profit b4 interest & tax / net assets rite ??
so they say net assets is assets -liabilities !!
Dasith:
--- Quote from: ShiningStar on June 05, 2011, 04:31:02 pm ---But I've just checked the syllabus and found out that it said Capital Employed = Owner's Capital + long term liabilites
So in the limited companies instead of the Owner's Capital it is Capital+Reserves
Check it out
http://www.xtremepapers.me/CIE/Cambridge%20IGCSE/0452%20-%20Accounting/0452_y11_sy.pdf
and Can You Please tell from where did you get this New Definition Assets-Liabilites???
Thank Youu Again :)
--- End quote ---
does it say in the syllabus that capital employed is different in companies ??
ShiningStar:
--- Quote from: Dasith on June 05, 2011, 04:51:55 pm ---does it say in the syllabus that capital employed is different in companies ??
--- End quote ---
No It says it is the same for all companies.
Anyway, Thank You So Much :)
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